Editor's Pick "Fisker spent a stunning $900,000 for each vehicle it produced," PrivCo chief executive Sam Hamadeh told me. "Then they sold them to dealers for an invoice price of just $70,000."
Apparently, it's not easy starting a brand new car manufacturing company.
We survey the top venture capital investments into tech companies of the year. To make this elite list, you needed to raise at least $89 million in 2012.
Guest Post
Facebook changed the way that you keep in touch with your former high school friends, but how significantly did it impact your day-to-day life? While Silicon Valley gets all of the attention, Orange County is churning out radical innovations ranging …
Venture capital investments declined in both dollars and deal volume this quarter, according to the latest TheMoneyTree report.
Electric car maker Fisker Automotive has issued a recall for 239 of its Karma vehicles, fewer than 50 of which have been sold to customers. The $96,000 luxury electric sedans have an issue with a hose clip in their battery …
Government-backed electric car company Fisker Automotive is delaying plans for production after missing its early manufacturing goals. According to a report by the Washington Post, the delays are being blamed on regulatory issues, and the company is brushing off any …
Editor's Pick
Some crazy concept cars have emerged since the electric car frenzy hit the market in 2008. Where are they now?
We caught up with 29 electric car manufacturers and developers to find out what they’re doing today. Some are still …
“Range anxiety” for pure battery-powered electric car owners wears off quickly as a driver begins to understand the capabilities and charging patterns of their car, according to a new study by the Technology Strategy Board.
Around 35 percent of electric …
A clear trend is emerging among electric car manufacturers: Plug-in hybrids are a better near-term bet than purely battery-powered cars.
Ford today unveiled the latest in its series of electric cars, a plug-in hybrid electric car called the Evos. The …
Electric car manufacturer Fisker Automotive is in the process of raising a $200 million funding round that would value the company at $2.2 billion, according to a report by Fortune.
It would be the company’s third funding round in six …
General Motors today unveiled its first luxury extended-range electric vehicle, the Cadillac ELR Coupe. It’s the company’s second extended-range electric car and the third extended-range car unveiled in the past 30 days.
The new high-end vehicle features an electric motor …
Two partners are leaving storied cleantech investment firm Khosla Ventures, as excitement has started to peter out in the once-buzzing clean technology space.
Khosla Ventures partners Jim Kim and Alex Kinnier have followed former partner Gideon Yu in leaving the …
Cleantech companies might not be feeling the sting of today’s market frenzy any worse than the rest of the pack. But for those companies, which typically require massive capital investments, a sustained downturn could crunch down on the sector’s badly-needed …
Here’s our roundup of the week’s top tech business news. First, the most popular stories VentureBeat published in the last seven days:
Steve Perlman’s white paper explains “impossible” wireless tech — People have called Steve Perlman’s new wireless technology impossible.…
Car manufacturer BMW today unveiled its next wave of electric cars — the i8 sporty hybrid-electric coupe and a smaller i3 electric mini, both of which use a range-extending hybrid electric model.
The i3 is designed as a pure electric …
Hybrid electric car manufacturer Fisker Automotive delivered its first production model electric car for consumers, the Fisker Karma, to Kleiner Perkins Caufield & Byers partner Ray Lane (pictured right) on Tuesday.
Fisker Automotive has produced 54 cars and is revving …
Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.
Kleiner Perkins Caufield & Byers led …
